United States (USA) Car Care Products Market Research Report, 2028

United States (USA) Car Care Products Market Research Report, 2028

Actual Market Research 28-02-2023 62 Pages Figures : 6 Tables : 13 Region : North America Country : United States Category : Automotive & Transport Automotive Parts

The United States dominates the global market for car care products. The number of cars on the road in the United States has steadily increased, resulting in an increase in demand for car care products. People are more interested in keeping their vehicles clean, well-maintained and looking good as they become more reliant on them. In the United States, there is a strong culture surrounding car care products. Many car owners in the United States prefer to do their own routine maintenance on their vehicles. This is frequently seen as a way to save money while also learning more about how cars work. Car customization is a popular aspect of American car culture. To express their individuality, car owners frequently personalize their vehicles with aftermarket parts, custom paint jobs, and other modifications. In the United States, detailing is an important part of car care, and many car owners take pride in keeping their vehicles clean and well-maintained. Detailing is the process of cleaning, polishing, and protecting the exterior and interior of a vehicle. It is commonly used to showcase a vehicle's beauty while also preserving its value. Car enthusiasts in the United States have a strong sense of community, and car care is often a way for people to connect with others who share their passion for cars. Car clubs, online forums, and other social networks are examples of this. According to the research report “US Car Care Product Market Research Report, 2028," published by Actual Market Research, the market is expected to add USD 294.4 Million by 2028. The automotive industry in the United States began in the 1890s and quickly grew to become the largest in the world due to the size of the domestic market and the use of mass production. The United States was the first country in the world to have a mass market for vehicle production and sales, and it continues to be a forerunner in the automotive industry and mass market production processes. Throughout the boom and bust years of the 20th century, the American automotive industry had a huge impact on the domestic economy. The annual number of new cars sold was a reliable indicator of the country's economic strength. The automobile industry contributes 3% of America's GDP. The expansion of the automotive industry is expected to drive the market. The industry is expected to expand further as disposable income rises, as does consumer awareness of vehicle repair and maintenance. Furthermore, during the forecast period, an increase in the importance of aesthetics in automobiles, particularly private vehicles, is expected to benefit industry dynamics. There are several types of events organized to promote car care products in the US. Some of the most common events include: Car shows: Car shows are a popular way to showcase the latest car care products and services. These events attract car enthusiasts and industry professionals and provide an opportunity for car care product manufacturers and retailers to showcase their latest products. Trade shows: Trade shows are industry-specific events that bring together manufacturers, retailers, and other industry professionals to showcase the latest products and services in the car care industry. These events provide an opportunity to network, learn about industry trends, and make business deals. Sponsorship of motorsports events: Car care product manufacturers often sponsor motorsports events, such as car races and rallies. These events provide a high-profile platform to showcase their products and build brand recognition among car enthusiasts and industry professionals. In-store demonstrations: Car care product manufacturers and retailers often conduct in-store demonstrations to showcase their products to customers. These events provide an opportunity to educate customers about the benefits of using their products and demonstrate how to use them effectively. Online promotions and contests: Car care product manufacturers often use social media and online platforms to promote their products and engage with customers. Online promotions and contests are a popular way to generate buzz and increase brand awareness among car enthusiasts and industry professionals. The US government has implemented rules and regulations regarding the use of car care products to protect public health and the environment. Clean Air Act: The Clean Air Act, administered by the Environmental Protection Agency (EPA), regulates emissions from motor vehicles and requires that car care products meet specific emissions standards. Federal Hazardous Substances Act: The Federal Hazardous Substances Act, administered by the Consumer Product Safety Commission (CPSC), regulates the labeling and packaging of car care products to ensure that they are safe for consumers to use. Resource Conservation and Recovery Act: The Resource Conservation and Recovery Act, administered by the EPA, regulate the disposal of hazardous waste from car care products to protect human health and the environment. California Proposition 65: California Proposition 65 requires manufacturers to provide warnings on car care products that contain chemicals known to cause cancer or reproductive harm. The US car care market is segmented into by application type exterior and interior. Currently the market is dominated by interior segment US has the largest automotive market in the world, with millions of cars on the road. As more people own cars, there is a growing demand for car care products to maintain and improve the condition of their vehicles, particularly the interiors which are exposed to wear and tear over time due to The COVID-19 pandemic has increased awareness of the importance of hygiene and cleanliness, leading to greater demand for interior car care products such as disinfectants, air purifiers, and upholstery cleaners. During the forecast period it is expected that the exterior segment is expected to dominate the market of car care product in US due to the exterior car care segment includes a wide range of products that cater to different needs and preferences of car owners. This includes products such as car shampoos, waxes, polishes, sealants, and coatings, which are specifically designed to clean, protect, and enhance the appearance of the car's exterior. There are also specialized products available for different types of surfaces, such as glass, plastic, metal, and wheels. The US’s car care market is divided into two segments: DIY/retail stores and DIFM/service centers. DIY and retail stores currently dominate the market due to the DIY culture that is gaining traction among US’s consumers who prefer to do their own car maintenance and care. DIY car care products enable consumers to perform basic maintenance and repairs on their own, saving time and money. Modern automobiles are becoming increasingly complex, with advanced electronics, sensors, and other components. This has made it more difficult for consumers to perform basic maintenance and repairs on their own, resulting in a greater demand for professional car care services. Because of the increasing complexity of cars, rising consumer affluence, convenience and time savings, and emphasis on quality and reliability, the DIFM/service centre segment is expected to dominate the car care product market in US. RECENT DEVELOPMENTS • Use of technology: There has been an increase in the use of technology in car care products, such as the use of advanced polymers and ceramic coatings to protect car paint and surfaces. • Growth in the market for electric cars: With the growing market for electric cars in the US, there has been a corresponding increase in the demand for car care products specifically designed for electric vehicles. These products are formulated to be safe for use on electric vehicle components, such as the battery and charging ports. • Focus on convenience: Car care products are becoming more convenient to use, with the development of products that require less time and effort to apply. For example, spray-on waxes and quick-detailing products are becoming more popular, as they provide a quick and easy way to maintain a car's appearance. • Introduction of new product categories: Manufacturers are introducing new product categories in the car care market, such as touchless car wash systems and waterless car wash products. These products are designed to provide an efficient and environmentally friendly way to clean a car. Considered in this report • Geography: US • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • US Car Care Products market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Application • Interior • Exterior By Distribution Channel • DIY/Retail stores • DFIM(do it for me) / service centers The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Car Care Products market, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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